Totals
- Total revenue
- $8,461,654
- Total expenses
- $7,869,099
- Contributions and grants received
- $2,176,631
- Grants paid
- $0
- Program service revenue
- $5,951,200
- Investment income
- $18,319
- Other revenue
- $315,504
- Total assets, end of year
- $8,439,717
- Total liabilities, end of year
- $4,907,826
- Net assets or fund balances, end of year
- $3,531,891
- Program services expenses (Part IX)
- $6,276,300
- Management and general expenses
- $910,453
- Fundraising expenses
- $682,346
- Program service expenses (Part III)
- $6,276,300
Program services were 79.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$2,176,631
-
2a · Program service revenue: BARGAIN CENTER SALES
total $5,087,637 · related or exempt $5,087,637
-
2b · Program service revenue: PROGRAM SERVICE REVENU
total $804,135 · related or exempt $804,135
-
2c · Program service revenue: AUTO CENTER SALES
total $59,428 · related or exempt $59,428
-
3 · Investment income
total $19,251 · excluded $19,251
-
7a · Gross sales of assets other than inventory
other assets $9,469
-
7b · Less cost or other basis and sales expenses
other assets $10,401
-
7c · Gain or loss
other assets -$932
-
7d · Net gain or loss
total -$932 · excluded -$932
-
8a · Fundraising events: gross income
$492,608
-
8b · Fundraising events: direct expenses
$178,662
-
8c · Net income from fundraising events
total $313,946 · excluded $313,946
-
11a · Other revenue: MISCELLANEOUS INCOME
total $1,558 · related or exempt $1,558
-
11e · Other revenue, total
$1,558
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $289,000 · program services $289,000
-
7 · Other salaries and wages
total $2,796,632 · program services $2,221,728 · management and general $289,646 · fundraising $285,258
-
9 · Other employee benefits
total $181,505 · program services $152,979 · management and general $17,823 · fundraising $10,703
-
10 · Payroll taxes
total $243,607 · program services $204,409 · management and general $17,149 · fundraising $22,049
-
11c · Fees: accounting
total $16,863 · program services $11,195 · management and general $5,668
-
11e · Fees: professional fundraising services
total $79,786 · fundraising $79,786
-
11g · Fees: other
total $178,382 · program services $122,079 · management and general $47,753 · fundraising $8,550
-
12 · Advertising and promotion
total $144,051 · fundraising $144,051
-
13 · Office expenses
total $442,743 · program services $401,447 · management and general $14,554 · fundraising $26,742
-
16 · Occupancy
total $1,438,937 · program services $1,409,830 · management and general $20,325 · fundraising $8,782
-
17 · Travel
total $37,790 · program services $12,693 · management and general $22,736 · fundraising $2,361
-
19 · Conferences, conventions and meetings
total $8,402 · program services $1,833 · management and general $4,461 · fundraising $2,108
-
20 · Interest
total $142,621 · program services $113,497 · management and general $29,100 · fundraising $24
-
22 · Depreciation, depletion and amortization
total $298,249 · management and general $298,249
-
23 · Insurance
total $229,136 · program services $195,000 · management and general $18,263 · fundraising $15,873
-
24a · Other expenses: RECOVERY PROGRAM
total $737,705 · program services $610,511 · management and general $62,871 · fundraising $64,323
-
24b · Other expenses: AUTO CENTER
total $248,555 · program services $245,062 · management and general $3,493 · fundraising $0
-
24c · Other expenses: REPAIRS AND MAINTENANCE
total $208,347 · program services $206,575 · management and general $1,601 · fundraising $171
-
24d · Other expenses: MISCELLANEOUS
total $140,517 · program services $72,191 · management and general $56,761 · fundraising $11,565
-
24e · All other expenses
total $6,271 · program services $6,271
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $903,760 · end of year $881,222
-
3 · Pledges and grants receivable
beginning of year $51,456 · end of year $77,752
-
8 · Inventories for sale or use
beginning of year $239,313 · end of year $284,397
-
9 · Prepaid expenses and deferred charges
beginning of year $40,563 · end of year $35,699
-
10a · Land, buildings and equipment: cost or other basis
$8,051,485
-
10b · Land, buildings and equipment: accumulated depreciation
$3,485,344
-
10c · Land, buildings and equipment, net
beginning of year $4,489,926 · end of year $4,566,141
-
15 · Other assets
beginning of year $2,305,293 · end of year $2,594,506
-
17 · Accounts payable and accrued expenses
beginning of year $592,719 · end of year $442,786
-
23 · Secured mortgages and notes payable
beginning of year $513,333 · end of year $500,000
-
25 · Other liabilities
beginning of year $3,984,923 · end of year $3,965,040
-
27 · Net assets without donor restrictions
beginning of year $2,939,336 · end of year $3,531,891
Mission and programs · 2023
Mission
A CHRIST-CENTERED NON-PROFIT OFFERING COMPREHENSIVE RECOVERY FOR SUBSTANCE ABUSE AND OTHER LIFE-CONTROLLING PROBLEMS VIA COUNSELING, CASE MANAGEMENT, EDUCATION, EMPLOYMENT READINESS AND AFTERCARE SERVICES. THE FOUNDRY MINISTRIES RESTORES HOPE AND REBUILDS THE LIVES OF THE ADDICT THROUGH CHRIST-CENTERED RECOVERY.
Activities or mission (Part I)
A CHRIST-CENTERED NON-PROFIT OFFERING COMPREHENSIVE RECOVERY FOR SUBSTANCE ABUSE AND OTHER LIFE-CONTROLLING PROBLEMS VIA COUNSELING, CASE MANAGEMENT, EDUCATION, EMPLOYMENT READINESS AND AFTERCARE SERVICES. ADDITIONAL SERVICES INCLUDE FOOD, HOUSING, TRANSPORTATION, CLOTHING, LEGAL ASSISTANCE AND MENTAL HEALTH CARE.
-
TO RESTORE HOPE AND REBUILD THE LIVES OF THE ADDICTED AND DESTITUTE THROUGH CHRIST-CENTERED RECOVERY.
Expenses $2,956,144 · Revenue $805,693
-
THE FOUNDRY RECEIVES DONATIONS OF CLOTHING AND HOUSEHOLD GOODS THAT ARE THEN SOLD IN THE BARGAIN CENTERS LOCATED IN CULLMAN AND PELHAM IN ORDER TO FURTHER THE OVERALL MISSION OF REBUILDING THE LIVES OF THE ADDICTED AND DESTITUTE.
Expenses $3,320,156 · Revenue $5,087,637
-
THE FOUNDRY RECEIVES DONATIONS OF AUTOMOBILES THAT ARE USED IN TRAINING INDIVIDUALS IN THE ORGANIZATION'S RECOVERY PROGRAMS ON SKILL BUILDING IN ORDER TO FURTHER THE OVERALL MISSION OF REBUILDING THE LIVES OF THE ADDICTED AND DESTITUTE.
Revenue $59,428
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Edmund PerryEDMUND PERRY
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
C Ben NevinsC BEN NEVINS
VICE CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Craig CecilCRAIG CECIL
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Sherri Jackson PereiraSHERRI JACKSON PEREIRA
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Anthony BanduraANTHONY BANDURA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Whit DebardelebenWHIT DEBARDELEBEN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
M J Lyons IIIM J LYONS III
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Tanner AllenTANNER ALLEN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Beau ArmisteadBEAU ARMISTEAD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Elizabeth CornayELIZABETH CORNAY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Enrico CamataENRICO CAMATA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jay WeatherlyJAY WEATHERLY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Tom MayfieldTOM MAYFIELD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Eric KerleyERIC KERLEY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Kerri CroweKERRI CROWE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Stewart DunbarSTEWART DUNBAR
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Lindsay HackneyLINDSAY HACKNEY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Rick StewartRICK STEWART
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Micah AndrewsMICAH ANDREWS
CHIEF EXECUTIVE OFFICER
- Total calculated
- $120,000
- From this org
- $120,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Victor C SlayVICTOR C SLAY
CHIEF FINANCIAL OFFICER
- Total calculated
- $87,745
- From this org
- $80,000
- From related orgs
- $0
- Other
- $7,745
- Hours/week
- 30
-
Darrel G GarrettDARREL G GARRETT
CHIEF OPERATING OFFICER
- Total calculated
- $92,650
- From this org
- $89,000
- From related orgs
- $0
- Other
- $3,650
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 5 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202433139349300318
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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